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Cryptopia Begins Distributing $225M in Crypto to Hack Victims After Six Years
Bankrupt Cryptopia exchange distributes $225M to hack Victims
Crypto Scammers Target Victims Via Deepfake Apple Livestreams
Law firm impersonators target crypto scam Victims, FBI alarms
Ripple Unites with Billion Jared Isaacman to Help Maui Fire Victims
Dogecoin (DOGE), Litecoin (LTC) and Others Are Victims of This Phenomenon
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Dec / 20
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- Cryptopia Begins Distributing $225M in Crypto to Hack Victims After Six Years
- Dec 20, 2024 at 10:14 pm DeFi Planet
- Cryptopia, the liquidated cryptocurrency exchange, begins distributing cryptocurrency funds to users affected by the 2019 hack. Over 10,000 account holders have received payouts in Bitcoin and Dogecoin, totaling $225 million. This distribution is part of Cryptopia's liquidation process, with additional distributions expected in early 2025. The exchange's liquidator, Grant Thornton, encourages remaining account holders to register to qualify for future payouts.
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- Bankrupt Cryptopia exchange distributes $225M to hack Victims
- Dec 20, 2024 at 04:34 pm Cointelegraph
- Grant Thornton, the liquidating firm for defunct cryptocurrency exchange Cryptopia, has commenced distributing funds to verified account holders affected by the 2019 hack. Over 400 million New Zealand dollars ($225 million) worth of Bitcoin (BTC) and Dogecoin (DOGE) have been distributed in the past two days.
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Sep / 10
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- Crypto Scammers Target Victims Via Deepfake Apple Livestreams
- Sep 10, 2024 at 09:04 pm Crypto Intelligence
- Deepfake scams emerged during Apple's iPhone 16 event livestreams on YouTube, where fraudulent streams impersonated CEO Tim Cook using AI-generated technology. These streams urged viewers to deposit cryptocurrencies with the false promise of doubled returns, orchestrating a "double-your-money" scam. Despite their temporary success, these streams were removed by YouTube, highlighting the sophistication of deepfake technology in online fraud.
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Jun / 26
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- Law firm impersonators target crypto scam Victims, FBI alarms
- Jun 26, 2024 at 04:59 pm crypto.news
- The FBI warns of fraudulent lawyers targeting victims of cryptocurrency scams, impersonating attorneys and using social media to promise assistance in recovering lost funds. These scammers utilize fake websites resembling legitimate law firms and request advance payments, with estimated losses reaching $9.9 million between February 2023 and February 2024. The FBI advises caution, emphasizing thorough research before engaging with cryptocurrency recovery services, as crypto-related investment scams have surged, accounting for 86% of all investment fraud losses in the U.S. in 2023.
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Sep / 08
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- Ripple Unites with Billion Jared Isaacman to Help Maui Fire Victims
- Sep 08, 2023 at 02:00 pm CoinPedia News
- Ripple unites with Jared Isaacman, who's connected to Elon Musk's SpaceX, to support Maui fire victims. Isaacman, CEO of Shift 4, donated $100 million and now collaborates with Ripple on the Maui Donation Project to make an even greater positive impact. #CryptoForACause.
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Aug / 18
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- Dogecoin (DOGE), Litecoin (LTC) and Others Are Victims of This Phenomenon
- Aug 18, 2023 at 09:00 pm U_Today
- The recent cryptocurrency market volatility has caught many off guard, following a period of low volatility. This unexpected plunge in prices has particularly affected two notable cryptocurrencies, Dogecoin (DOGE) and Litecoin (LTC). Dogecoin is currently trading at $0.062505, while Litecoin stands at $65.07. These assets, along with others, have become victims of a phenomenon that is reshaping the crypto landscape.
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